156.9 USD
+0.39 (+0.25%)
156.92 USD
+0.02 (+0.01%)
Overall SPLK gets a fundamental rating of 5 out of 10. We evaluated SPLK against 277 industry peers in the Software industry. SPLK has only an average score on both its financial health and profitability. SPLK is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
- In the past year SPLK was profitable.
- SPLK had a positive operating cash flow in the past year.
- SPLK had negative earnings in 4 of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: SPLK reported negative operating cash flow in multiple years.
1.2 Ratios
- With a decent Return On Assets value of 3.94%, SPLK is doing good in the industry, outperforming 79.64% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 35.62%, SPLK belongs to the top of the industry, outperforming 95.71% of the companies in the same industry.
- SPLK has a Return On Invested Capital of 5.74%. This is amongst the best in the industry. SPLK outperforms 81.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.94% | ||
| ROE | 35.62% | ||
| ROIC | 5.74% |
ROA(3y)-7.85%
ROA(5y)-9.04%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- SPLK has a better Profit Margin (6.26%) than 79.29% of its industry peers.
- SPLK has a better Operating Margin (6.34%) than 76.07% of its industry peers.
- SPLK's Gross Margin of 79.80% is amongst the best of the industry. SPLK outperforms 81.79% of its industry peers.
- SPLK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.34% | ||
| PM (TTM) | 6.26% | ||
| GM | 79.8% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.87%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPLK is destroying value.
- Compared to 1 year ago, SPLK has more shares outstanding
- The number of shares outstanding for SPLK has been increased compared to 5 years ago.
- The debt/assets ratio for SPLK has been reduced compared to a year ago.
2.2 Solvency
- SPLK has an Altman-Z score of 2.98. This is not the best score and indicates that SPLK is in the grey zone with still only limited risk for bankruptcy at the moment.
- The Altman-Z score of SPLK (2.98) is comparable to the rest of the industry.
- SPLK has a debt to FCF ratio of 3.15. This is a good value and a sign of high solvency as SPLK would need 3.15 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 3.15, SPLK is doing good in the industry, outperforming 68.93% of the companies in the same industry.
- SPLK has a Debt/Equity ratio of 4.20. This is a high value indicating a heavy dependency on external financing.
- SPLK has a worse Debt to Equity ratio (4.20) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.2 | ||
| Debt/FCF | 3.15 | ||
| Altman-Z | 2.98 |
ROIC/WACC0.62
WACC9.33%
2.3 Liquidity
- A Current Ratio of 1.62 indicates that SPLK should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.62, SPLK perfoms like the industry average, outperforming 48.93% of the companies in the same industry.
- A Quick Ratio of 1.62 indicates that SPLK should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.62, SPLK is in line with its industry, outperforming 50.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 105.68% over the past year.
- The Earnings Per Share has been growing by 32.69% on average over the past years. This is a very strong growth
- SPLK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.38%.
- SPLK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.51% yearly.
EPS 1Y (TTM)105.68%
EPS 3YN/A
EPS 5Y32.69%
EPS Q2Q%48.04%
Revenue 1Y (TTM)15.38%
Revenue growth 3Y23.66%
Revenue growth 5Y18.51%
Sales Q2Q%18.79%
3.2 Future
- The Earnings Per Share is expected to grow by 16.06% on average over the next years. This is quite good.
- SPLK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.00% yearly.
EPS Next Y5.2%
EPS Next 2Y12.36%
EPS Next 3Y23.71%
EPS Next 5Y16.06%
Revenue Next Year15.29%
Revenue Next 2Y14.66%
Revenue Next 3Y14%
Revenue Next 5Y16%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 28.90, SPLK can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, SPLK is valued a bit cheaper than 79.64% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, SPLK is valued at the same level.
- SPLK is valuated quite expensively with a Price/Forward Earnings ratio of 27.47.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of SPLK indicates a somewhat cheap valuation: SPLK is cheaper than 75.36% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of SPLK to the average of the S&P500 Index (24.26), we can say SPLK is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.9 | ||
| Fwd PE | 27.47 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SPLK is valued a bit cheaper than the industry average as 66.07% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPLK indicates a rather cheap valuation: SPLK is cheaper than 81.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.82 | ||
| EV/EBITDA | 76.39 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- A more expensive valuation may be justified as SPLK's earnings are expected to grow with 23.71% in the coming years.
PEG (NY)5.56
PEG (5Y)0.88
EPS Next 2Y12.36%
EPS Next 3Y23.71%
5. Dividend
5.1 Amount
- No dividends for SPLK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SPLUNK INC / SPLK FAQ
What is the ChartMill fundamental rating of SPLUNK INC (SPLK) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SPLK.
What is the valuation status of SPLUNK INC (SPLK) stock?
ChartMill assigns a valuation rating of 4 / 10 to SPLUNK INC (SPLK). This can be considered as Fairly Valued.
Can you provide the profitability details for SPLUNK INC?
SPLUNK INC (SPLK) has a profitability rating of 5 / 10.
What are the PE and PB ratios of SPLUNK INC (SPLK) stock?
The Price/Earnings (PE) ratio for SPLUNK INC (SPLK) is 28.9 and the Price/Book (PB) ratio is 35.7.
What is the earnings growth outlook for SPLUNK INC?
The Earnings per Share (EPS) of SPLUNK INC (SPLK) is expected to grow by 5.2% in the next year.